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(Studio) Alabama Governor George C. Wallace files suit in Supreme Court seeking to remove tax exempt status from some foundations.
REPORTER: Howard K. Smith
(DC) Wallace calls for foundations using money to encourage revolution and riots to lose tax exempt status. [WALLACE - says present exemption laws protect super-rich; average man fed up with seeing foundations not paying taxes; hasn't decided whether to run in 1972 President election.]
REPORTER: Bill Zimmerman
- Smith, Howard K.;
- Zimmerman, Bill
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